Enlarge / A prototype Amazon delivery truck in the Los Angeles area. (credit: Amazon) A year and a half after Amazon announced it would buy 100,000 electric trucks to reduce its carbon footprint, Amazon says it has begun using prototype vehicles for real-world deliveries in Los Angeles. Amazon expects to spend a few more months […]
This is the web version of Data Sheet, a daily newsletter on the business of tech. Sign up to get it delivered free to your inbox. Amazon’s earnings last night included more than the usual facts, figures, and unlabeled growth charts. Founder and CEO Jeff Bezos, who famously sketched out the business plan for Amazon on […]
This is the web version of the Bull Sheet, Fortune’s no-BS daily newsletter on the markets. Sign up to receive it in your inbox here. Good morning, Bull Sheeters. U.S. futures are in the green on the back of strong results from Amazon and Alphabet’s Google yesterday. But, don’t look now: GameStop is up 11% in […]
Enlarge / Jeff Bezos greets a crowd at Amazon’s Smbhav event in New Delhi on January 15, 2020. (credit: Getty Images) Jeff Bezos, the founder of Amazon and Elon Musk’s perpetual rival in the seesaw “world’s richest man” contest, today announced he is leaving the CEO post of the Internet giant he has led since […]
This is the web version of the Bull Sheet, Fortune’s no-BS daily newsletter on the markets. Sign up to receive it in your inbox here. Good morning, Bull Sheeters. As we’ve learned from the meme-stonks trade, what goes up, must also come down. Gulp. Not only is GameStop in a tailspin, but traders are quickly unwinding […]
It’s a good time to be in the market for an affordable streaming stick, like Amazon’s Fire TV Stick 4K media streamer. [credit: Jeff Dunn ] In 2021, as we all continue to spend more time in front of screens than anyone anticipated, most of us have a short list of requirements for a modern streaming stick. We […]
Enlarge / An Amazon warehouse on a sunny day in Germany on April 2, 2020. (credit: Patrick Pleul | picture alliance | Getty Images) Amazon is one of the country’s largest businesses—and despite its faults and flaws, the company overall excels at logistics and distribution at scale. Therefore, Amazon suggests, the brand-new Biden administration should […]
Increased scrutiny of Big Tech’s power may have some shareholders sweating it. But not so for private investors. With a new Biden administration and recent threats to crack down on some of the biggest tech behemoths (from Facebook to Amazon), there seems to be support for more regulation. And according to alternative investment manager Hamilton […]
Amazon isn’t about to apologize for pulling the plug on Parler! Over the weekend, the tech giant suspended the pro-Donald Trump (who, btw, was impeached *again* on Wednesday!) social network from its web-hosting service, stating that Parler had violated its terms of service due to its lack of content moderation. Predictably, Parler didn’t go down […]
Enlarge / Amazon Web Services (AWS) logo displayed during the 4th edition of the Viva Technology show at Parc des Expositions Porte de Versailles on May 17, 2019, in Paris, France. (credit: Chesnot | Getty Images) Amazon on Tuesday brought receipts in its response to seemingly defunct social networking platform Parler’s lawsuit against it, detailing […]